Dangote earns US$86m in revenues from Ethiopia
Dangote Cement earned revenues of more than US$85.8m from its plant in Ethiopia in the financial year that ended 8 July. Export volumes of more than 2Mt contributed signific...
Dangote Cement
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Dangote sets eyes on PPC Group
Aliko Dangote is considering counter offers for the PPC Group and as such could spark a bidding contest for South Africa’s largest cement producer, reported The Star who quoted...
Dangote Cement to operate gas power plant in Tanzania by September
Dangote Cement plans is to set up a gas-powered plant in Tanzania by September to reduce its operational costs and its reliance on diesel. Dangote annunced that it has invest...
Dangote Cement sells 2.3% stake to foreign investors
Nigeria's Dangote Industries Ltd sold a 2.3 per cent stake in Dangote Cement to foreign investors on Tuesday in a stock market deal valued at NGN86.1bn (US$236m), Reuters rep...
Dangote Cement's 1H17 revenues rise by 41%
Dangote Cement has released its 1H17 results, announcing group revenues of NGN412.7bn (US$1.31bn), up 41.2 per cent, and an EBITDA of NGN203.7bn, up 53.7 per cent. In Nigeria...
Dangote Cement's pan-African expansion boosts financial strength
Dangote Cement's strategy of rapid capacity build across Africa with prudent financial management has led the company to recently be recognised for its financial strength. The ...
Moody's assigns first-time Ba3 and Aaa.ng ratings to Dangote Cement
Moody’s has assigned a first-time Ba3 Local Currency Corporate Family Rating (CFR), Ba3-PD Probability of Default Rating and Aaa.ng National Scale Rating (NSR) to Dangote Cemen...
Dangote to seek intervention on Oromia order
Dangote Cement Plc is to seek intervention regarding the state of the Ethiopian state of Oromia's order calling on cement makers to hand over control of some parts of their bus...
Dangote Cement's Congo plant nears completion
Dangote Cement Plc is close to completing its new US$300m cement grinding plant at Bouansa in the Republic of Congo and plans to commence production this month. With the pro...
Dangote Cement delivers strong financial performance
Dangote Cement reported a strong financial performance in 1Q17 despite a fall in volumes, with record revenues which were up by 48.1 per cent to NGN208.2bn (US$679.6m) and reco...